fbpx EB-5 Marvels: Las Vegas' Area15 and New Jersey's Summit NJ Redefine Urban Living and Entertainment!

EB-5 Marvels: Las Vegas’ Area15 and New Jersey’s Summit NJ Redefine Urban Living and Entertainment!

April 22, 2024 / Hursh

Discover the future of entertainment and luxury living with two groundbreaking USIF EB-5 projects: Area15 in Las Vegas and Summit NJ in Jersey City. These developments are set to redefine their respective cities, offering unparalleled experiences and investment opportunities. Area15, developed by Fisher Brothers, is poised to become a landmark in Las Vegas, blending immersive entertainment with commercial spaces. Meanwhile, Summit NJ’s two 60-story towers promise breathtaking views and luxurious amenities, setting a new standard for urban living in Jersey City. Join us on a journey to explore these transformative projects and the exciting prospects they offer.

AREA 15 District: Las Vegas, NV

Nestled in the vibrant heart of Las Vegas, AREA15 stands as a pioneering experiential retail and entertainment complex, offering a staggering 200,000 square feet of cutting-edge attractions and experiences. At the core of AREA15’s unique allure is Meow Wolf’s Omega Mart—an imaginative, absurdist journey disguised as a supermarket. Here, visitors are whisked away through hidden portals into a fantastical realm where reality bends and wonder reigns supreme. This visionary project, brought to life by the esteemed Fisher Brothers, sprawls over an impressive 80 acres. It masterfully integrates residential and commercial spaces, creating a seamless fusion of innovative living and dynamic entertainment.

Embarking on its next exciting chapter, AREA15 will expand with the introduction of AREA15 District. This new phase elevates the immersive art and entertainment landscape in Las Vegas to unprecedented heights. AREA15 District will feature a thrilling, year-round horror experience crafted by Universal Parks & Resorts, captivating interactive monumental art—including a Boeing 747 from Burning Man. Furthermore, it will host headline concerts, extensive corporate events, and nearly 290,000 square feet of highly sought-after experiential retail space. AREA15 District is poised to redefine the essence of immersive entertainment, offering an unparalleled blend of art, adventure, and living.

Project Highlights:

  • Institutional sponsor with proven local track record. Fisher Brothers successfully developed and delivered Area 15 in 2020, and operated the best-in-class entertainment district. Phase I already repaid EB-5 investors ahead of schedule in 37 months. We expect the same pattern for this phase of the project.
  • Project is 88.5% pre-leased with a globally recognized anchor tenant in Universal Studios, who will lease 100,000 rentable square feet alongside the heart of the project.
  • Highly attractive financing metrics and significant equity to date.
  • AREA15 Phase 2 is already under construction and is set to for substantial completion by Q3 2025.
Eb5 projects in Las Vegas and Jersey

“This development is more than just a space; it’s a future icon, a beacon of modern commercial and entertainment excellence in the heart of Las Vegas.”

SUMMIT NJ: Jersey City

Nestled in Journal Square, Summit NJ is a luxurious mixed-use development that redefines urban living. With two stunning 60-story towers offering 1,723 meticulously designed luxury apartments, Summit NJ boasts breathtaking views of the Manhattan skyline and the tranquil Hudson River.  Anchored by 40,000 square feet of retail space leased to popular brands like Target, CVS, and Starbucks, Summit NJ offers convenience and luxury. Residents will also have access to 45,000 square feet of exclusive amenities, including indoor and outdoor pools, a basketball court, and various recreational and wellness facilities.

The construction on this project is already underway to bring this luxurious development to life.

These projects are open for investment, offering a unique opportunity to be part of transformative developments that promise to redefine their respective landscapes. 

Don’t miss your chance to invest in the future of Las Vegas and Jersey City!

The article was originally posted by CBI.Global

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